Granite Oil Corp is a Canada-based junior oil producer that owns and operates Alberta Bakken oil pool in southern Alberta discovered by Granite. The Companyâ€™s Alberta Bakken oil pool stretches over a 30-mile fairway, and produces medium-gravity (30-32Â° API), crude oil. It has produced over 6.0 million barrels of crude oil, and has achieved production rates in excess of 4,000 barrels of oil per day.

Employees

Sector

Oil & Gas Exploration and Production

More about the company

Delayed Toronto S.E. 22:21:05 09/03/2020 +03			5-day change	1st Jan Change
0.9400 ^CAD	-.--%		+1.08%	+44.62%

05/03/20	International Petroleum Corporation completed the acquisition of Granite Oil Corp. from GMT Capital Corp. and others.	CI
20/01/20	International Petroleum Corporation entered into an arrangement agreement to acquire Granite Oil Corp. from GMT Capital Corp. and others for CAD 37.2 million.	CI

Market Cap	25.39M 22.74M 20.92M 18.95M 35.43M 2.41B 36.09M 249M 100M 1.27B 95.29M 93.26M 4B	P/E 2017	-19.2x	P/E 2018	27.5x
Enterprise Value	71.06M 63.64M 58.54M 53.04M 99.15M 6.75B 101M 698M 280M 3.55B 267M 261M 11.19B	EV / Sales 2017	3.63x	EV / Sales 2018	2.04x
Free-Float	90.41%	Yield 2017	13.1%	Yield 2018	43.6%

05/03/20	International Petroleum Corporation completed the acquisition of Granite Oil Corp. from GMT Capital Corp. and others.	CI
20/01/20	International Petroleum Corporation entered into an arrangement agreement to acquire Granite Oil Corp. from GMT Capital Corp. and others for CAD 37.2 million.	CI
02/12/19	Granite Oil Corp. Announces Fall Borrowing Base Redetermination	CI
06/11/19	Granite Oil Corp. Reports Production Results for the Third Quarter and Nine Months Ended September 30, 2019	CI
06/11/19	Granite Oil Corp. Reports Earnings Results for the Third Quarter Ended September 30, 2019	CI
12/08/19	Granite Oil Corp. Reports Earnings Results for the Second Quarter Ended June 30, 2019	CI
16/05/19	Granite Oil Corp. Announces Credit Facility Renewal	CI
09/05/19	Granite Oil Corp. Reports Unaudited Earnings and Operating Results for the First Quarter Ended March 31, 2019	CI
02/05/19	Granite Oil Corp. Announces Executive Changes	CI
02/05/19	Granite Oil Corp. Provides 2019 Well Test Results	CI
22/03/19	Granite Oil Corp. Reports Audited Earnings and Operating Results for the Year Ended December 31, 2018	CI
18/01/19	Granite Oil Corp. announced that it has received CAD 1.997171 million in funding from GMT Capital Corp.	CI
21/12/18	Granite Oil Corp. announced that it expects to receive CAD 1.56 million in funding from GMT Capital Corp.	CI

09/03/20	International Petroleum : IPC Announces Completion of Acquisition of Light Oil Assets in Southern Alberta	AQ
06/03/20	Granite Oil : International Petroleum Corp. Announces Completion of Acquisition of Light Oil Assets in Southern Alberta	AQ
04/02/20	Granite Oil : Day Two Keynote Speaker, Charlie Riedl with CLNG, Announced for EnerCom Dallas Energy Investment Conference, February 11-12, 2020	PR
31/01/20	Granite Oil : Day One Keynote Speaker, Chris Wright, Announced for EnerCom Dallas Energy Investment Conference, February 11-12, 2020	PR
20/01/20	Granite Oil Corp. Agrees to Sale to International Petroleum Corporation For $0.95 Cash Per Share	GL

Granite Oil Corp. Stock

Stocks

GXO

CA38742A1003

Oil & Gas Exploration and Production

Valuation: Granite Oil Corp.

Latest news: Granite Oil Corp.

Press Releases: Granite Oil Corp.

Managers and Directors: Granite Oil Corp.

Latest insider transactions

Oil Exploration & Production - Onshore

Financials

Company Profile

Manager	Title	Age	Since
Michael Kabanuk CEO	Chief Executive Officer	55	15/05/2015
Jack Smith DFI	Director of Finance/CFO	-	01/05/2019
Devon Griffiths COO	Chief Operating Officer	-	09/08/2018

Director	Title	Age	Since
Martin Cheyne BRD	Director/Board Member	65	24/01/2007
Michael Kabanuk BRD	Director/Board Member	55	15/05/2015
Brendan Carrigy CHM	Chairman	65	15/05/2015

Date	Insider	Type	Main position	Quantity	% Market Cap.
3/20/20 A	GMT Capital Corp.	Option	Company	268,753	0.6933%
3/20/20 A	GMT Capital Corp.	Option	Company	1,489,222	3.8417%
3/20/20 A	GMT Capital Corp.	Option	Company	1,462,651	3.7732%

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
GRANITE OIL CORP.	-.--%	+1.08%	-	-	26.28M
CONOCOPHILLIPS	+2.67%	+2.14%	+73.34%	+29.65%	185B
CANADIAN NATURAL RESOURCES LIMITED	+1.78%	+1.69%	+74.77%	+78.11%	116B
EOG RESOURCES, INC.	+2.05%	+1.54%	+56.41%	+31.12%	86.83B
ADNOC GAS PLC	-0.32%	-1.26%	-10.32%	-2.49%	65.37B
OCCIDENTAL PETROLEUM CORPORATION	+1.57%	-0.26%	+55.34%	+3.54%	63.98B
ONEOK, INC.	+1.30%	+1.29%	+44.88%	+48.88%	61.2B
CENOVUS ENERGY INC.	+1.69%	-0.43%	+93.16%	+73.28%	60.51B
DEVON ENERGY CORPORATION	+1.92%	+1.48%	+60.51%	+11.98%	59.97B
DIAMONDBACK ENERGY, INC.	+2.74%	+3.08%	+48.11%	+32.29%	59.39B
Average	+1.54%	+1.04%	+55.13%	+34.04%	75.82B
Weighted average by Cap.	+1.87%	+1.25%	+59.18%	+36.09%

	2017	2018
Net sales	39.24M 35.14M 32.32M 29.29M 54.74M 3.73B 55.77M 385M 155M 1.96B 147M 144M 6.18B	32.46M 29.07M 26.74M 24.23M 45.29M 3.08B 46.14M 319M 128M 1.62B 122M 119M 5.11B
Net income	-5.51M -4.93M -4.54M -4.11M -7.69M -523M -7.83M -54.11M -21.72M -275M -20.67M -20.23M -868M	753K 674K 620K 562K 1.05M 71.5M 1.07M 7.4M 2.97M 37.61M 2.83M 2.77M 119M
Net Debt	35.68M 31.96M 29.39M 26.63M 49.78M 3.39B 50.72M 351M 141M 1.78B 134M 131M 5.62B	45.67M 40.9M 37.63M 34.09M 63.73M 4.34B 64.92M 449M 180M 2.28B 171M 168M 7.19B